Nomura Report: US Net International Investment Position Liability Hits 80% of Global Net Creditor Assets

A report from Nomura indicates that the US net international investment position liability has surged to approximately 80% of the total net assets of all net creditor nations. The report warns that AI-driven economic growth is fueling inflation through rising chip and energy costs, while expanding the trade deficit. Nomura cautions that if AI development falters, the combination of high US stock valuations and weak fundamentals could trigger a global risk-off event and dollar depreciation.